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Interest rates may stay higher than expected in 2024-25: World Bank report

World Bank predicts high interest rates in 2024 and 2025 due to stable commodity prices. Geopolitical tensions and US rates influence RBI decisions. Commodity-price spikes pose inflation risks, challenging progress made in reducing inflation over the past two years. ....

Ayhan Kose , Indermit Gill , World Bank , World Bank Group , Wencai Zhang Assumes Role , Managing Director , World Bank Group Chief Administrative , Middle East , Commodity Outlook , Interest Rates , Commodity Prices , Geopolitical Tensions , Monetary Policy ,

Bajaj Finance's cost of funds rise 70 bps in FY24 to 7.74%

Earlier today, Bajaj Finance reported 21 percent growth in its consolidated profit after tax to 3,825 crore in the fourth quarter of the financial year 2023-24 from Rs 3,158 crore in the year-ago period. ....

Bajaj Finance , Bajaj Housing Finance , Reserve Bank , Bajaj Financial , Bajaj Finance , Cost Of Funds ,

How 'CBI officer' swindled ₹25 crore from retired MNC honcho

In what police say is one of the biggest cyber fraud cases targeting an individual in Mumbai, a retired director of a top company lost a huge sum of m ....

Money Laundering , Fraud Case , Digital Wallets , Cyber Fraud , Bank Accounts ,

IIFL Finance: IIFL Finance starts special audit - The Economic Times

The embargo was part of RBI s supervisory action over concerns related to certain loan disbursement practices. ....

Reserve Bank , Iifl Finance ,

PayU gets in-principle approval from RBI to operate as payments app: Here's what it means for users

TECH NEWS : PayU approved as a Payments Aggregator by RBI after 15-month wait. Anirban Mukherjee thanks RBI. Approval under Payment Settlements Act, 2007. Focus o ....

Zomato Payments Private Limited , Reserve Bank , Payments Aggregator , Payment Settlements Act , Digital India , Google Pay , Payments App , Payment Aggregator ,